Consolidated Portfolio Review Corp Decreases Stock Position in BlackRock Limited Duration Income Trust (NYSE:BLW)

Consolidated Portfolio Review Corp lessened its stake in shares of BlackRock Limited Duration Income Trust (NYSE:BLWFree Report) by 6.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,703 shares of the investment management company’s stock after selling 1,663 shares during the period. Consolidated Portfolio Review Corp’s holdings in BlackRock Limited Duration Income Trust were worth $361,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Carmichael Hill & Associates Inc. increased its stake in BlackRock Limited Duration Income Trust by 7.8% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 14,488 shares of the investment management company’s stock worth $203,000 after purchasing an additional 1,054 shares during the period. Nomura Holdings Inc. purchased a new stake in BlackRock Limited Duration Income Trust in the fourth quarter worth $211,000. LM Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust in the fourth quarter worth $256,000. PFG Investments LLC purchased a new stake in BlackRock Limited Duration Income Trust in the first quarter worth $361,000. Finally, Commonwealth Equity Services LLC increased its stake in BlackRock Limited Duration Income Trust by 3.3% in the first quarter. Commonwealth Equity Services LLC now owns 41,275 shares of the investment management company’s stock worth $579,000 after purchasing an additional 1,314 shares during the period.

BlackRock Limited Duration Income Trust Stock Performance

BLW stock traded up $0.03 during midday trading on Friday, reaching $14.15. The company’s stock had a trading volume of 127,319 shares, compared to its average volume of 87,061. The stock has a fifty day simple moving average of $13.79 and a two-hundred day simple moving average of $13.83. BlackRock Limited Duration Income Trust has a 1 year low of $12.35 and a 1 year high of $14.26.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th will be paid a $0.1132 dividend. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, July 15th. This represents a $1.36 dividend on an annualized basis and a yield of 9.60%.

BlackRock Limited Duration Income Trust Company Profile

(Free Report)

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.

Featured Stories

Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

Receive News & Ratings for BlackRock Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.